Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.
Roseville Home Price
Canada’s national median home listing price this month is $290,900, which means that Roseville is in the top 40% for Canada.
With Roseville’s median house price at $279,900 in Aug , it is high priced compared to the rest of Prince Edward Island.
Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.
Prince Edward Island has the fourth least amount of properties available to property investors, with Roseville having 140th most in the province, out of a total of 218.
Can we guarantee how well Roseville is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
It’s never an exact art, but to try to forecast how property is going to appreciate in Roseville for investors, it’s important to look at data like:
In Roseville, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.
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